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Genuine Search Group

Senior Accountant - Real Estate Development (50% Hybrid)

Genuine Search Group, New York, New York, us, 10261

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This range is provided by Genuine Search Group. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range $100,000.00/yr - $110,000.00/yr

Additional compensation types Annual Bonus

Direct message the job poster from Genuine Search Group

Our client, a global real estate owner/developer HQ'd in NYC, is seeking a Senior Development Accountant to work on large-scale commercial and residential projects. Our client has a significant pipeline and can offer stability and growth potential.

Responsibilities

Review audited financial statements on a GAAP basis

Day-to-day accounting for development projects including cash management, interfacing with 3rd party managers, and collaboration with development and asset management

Maintain the ACR with the project manager, ensuring accuracy to the financial statements

Prepare the monthly bank requisitions with a strong understanding of the loan agreements and contracts

Reconcile the ACR to the general ledger

Monthly GL Close including preparation of workpapers

Liaise with vendors for billing purposes

Work with the asset management team to prepare investor capital calls

Prepare monthly reporting packages for internal and external use

Assist in the cash flow projection process to ensure project cash needs

Prepare annual budgets and collaborate with the team to ensure accurate and timely information

Qualifications

Bachelor’s Degree in accounting or a related field

In-depth working knowledge of accounting software

Proficient with Microsoft Excel

Familiarity with AIA documents

Excellent communication and presentation skills

Strong knowledge of cost accounting, bank requisition process, corporate structures, loan and LLC documents

Seniority level Associate

Employment type Full-time

Job function Accounting/Auditing and Finance

Industries Real Estate and Construction

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